Unchaining Wall Street

[RWE]

When the top prosecutor in the US, AG Eric Holder, is a former defense attorney for Wall Street what you can expect?

http://washingtonexaminer.com/conflicts-of-interest-may-explain-lack-of-doj-wall-street-prosecutions/article/2504224#disqus_thread
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As an example, the report points to Holder's relationship with Covington & Burling, a white-shoe law firm that represents many top Wall Street corporations, including Goldman Sachs, Bank of America, Citibanks, Wilmington Trust, Deutsche Bank, NG, Morgan Stanley and UBS. Prior to his 2009 appointment as Obama's attorney general.

Holder was a Covington & Burling partner for a decade before his appointment, earning $2.1 million in 2008 and $2.5 million in 2009, according to GAI.
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Covington & Burling was involved in the creation of the Mortgage Electronic Registration System (MERS) that figured prominently in the robo-signing portion of the mortgage industry's multiple scandals. "MERS was intended to speed up mortgage registration and transfers, but it led thousands of bank employees to sign their names as MERS officials. In 2004, Covington wrote an instrumental opinion letter for MERS that provided the legal justification for its electronic registry,"
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http://www.breitbart.com/Big-Government/2012/07/26/REVEALED-Corzine-s-MF-Global-Was-a-Client-of-Eric%20Holder-s-Law-FirmI remember back in the 40s 50s 60s when the Democratic Party was respectable. But since those times it has become the Party of greed that helps banksters steal money from working people and leaves them homeless and bankrupt.

[RWE]

http://www.thedailybeast.com/articles/2012/08/14/why-goldman-sachs-other-wall-street-titans-are-not-being-prosecuted.html
not been a single criminal charge filed by the federal government against any top executive of the elite financial institutions.

Why is that? In a word: cronyism.


The formerly great Democratic party has become the Party of Reverse Robins Hoods.

[RWE]

http://www.breitbart.com/Big-Government/2012/08/16/Jon-Corzine-And-MF-Global-Will-Face-No-Criminal-Charges
The Government Accountability Institute revealed last month that MF Global was a client of Attorney General Eric Holder Weingarten and Holder also co-founded a non-profit together, the See Forever Foundation.

Former FBI Director

This isn't the same democratic party of the 50s that helped the working man. Now the Democrats steal from the working peoples and gives to the rich.

[RWE]

http://www.americanthinker.com/blog/2012/08/who_really_unchained_wall_street.html
GAI [Government Accountability Institute] details how the George W. Bush and Bill Clinton administrations both actually took down financial criminals - unlike the Obama administration.  Between 2002 and 2008, for instance, GAI points out how a Bush administration task force "obtained over 1,300 corporate fraud convictions, including those of over 130 corporate vice presidents and over 200 CEOs and corporate presidents."

"Clinton's DOJ prosecuted over 1,800 S&L (savings and loans) executives, senior officials, and directors, and over 1,000 of them were sent to jail," GAI adds.

But, despite having "promised more of the same," especially in the wake of the 2008 financial crisis, the Obama administration's DOJ has not brought criminal charges against a single major Wall Street executive.

Read more: http://www.americanthinker.com/blog/2012/08/who_really_unchained_wall_street.html#ixzz23r0E82SR

The Democratic Party has put "y'all back in chains" by unchaining Wall Street.

[Woody]

I like it.  Kentay colors and fonts.

[clistensprechen]

You had me til I got to this paragraph...

...

I remember back in the 40s 50s 60s when the Democratic Party was respectable. But since those times it has become the Party of greed that helps banksters steal money from working people and leaves them homeless and bankrupt.

...because back in the 40's, 50's and early 60's, the Democrat Party was run by the Dixiecrats, whose states are Republican today as of the mass exodus during LBJ's administration. Dixiecrats can change party, but they can't change their stripes.

[RWE]

...because back in the 40's, 50's and early 60's, the Democrat Party was run by the Dixiecrats, whose states are Republican today as of the mass exodus during LBJ's administration. Dixiecrats can change party, but they can't change their stripes.

Wow...that statement clearly shows you have no understanding of history. There's no evidence of such an exodus. The Dixiecrats were a separate political party that broke away from the democratic party. They came and went in 1948, after which they all returned to the democratic party.
Apparently you believe that Roosevelt, Truman and Kennedy were  elected when the "Democrat Party was run by the Dixiecrats"

[Woody]

You had me til I got to this paragraph...

...

I remember back in the 40s 50s 60s when the Democratic Party was respectable. But since those times it has become the Party of greed that helps banksters steal money from working people and leaves them homeless and bankrupt.

...because back in the 40's, 50's and early 60's, the Democrat Party was run by the Dixiecrats, whose states are Republican today as of the mass exodus during LBJ's administration. Dixiecrats can change party, but they can't change their stripes.

I think I asked you on another day for a list of these infamous defectors.  Still waiting....


Just for the record you are really sticking to the play book.  Attack, distort and figure out to make every issue one of race. 


You are making someone proud.  Bucking to be a sign holder at the convention?




Anyhoo, if holder was in a republican administration you and kentay would have to wipe the spittle off of your keyboards because you would be foaming at the mouth to make a wall street/White House connection.


You don't find it odd the Justice department won't prosecute Goldman Sachs after three years of hearings in congress (both dem and GOP) with admissions of wrong fling and findings of wrong doing?
 

[wbcoleman]

You had me til I got to this paragraph...

...

I remember back in the 40s 50s 60s when the Democratic Party was respectable. But since those times it has become the Party of greed that helps banksters steal money from working people and leaves them homeless and bankrupt.

...because back in the 40's, 50's and early 60's, the Democrat Party was run by the Dixiecrats, whose states are Republican today as of the mass exodus during LBJ's administration. Dixiecrats can change party, but they can't change their stripes.

How is Jon Corzine able to loot customer accounts to the tune of hundreds of millions of dollars and get away with it?

[RWE]

How is Jon Corzine able to loot customer accounts to the tune of hundreds of millions of dollars and get away with it?

He's a member of the Democratic party, so Obama has his back. This is the greatest time in history if you are a Wall Street crook. Just pump some money to Obama and he'll give you a license to steal. Now Corzine is getting into the hedge fund business. Can you believe it?
http://www.forbes.com/sites/halahtouryalai/2012/08/16/jon-corzine-yes-that-jon-corzine-may-start-a-hedge-fund/

[wbcoleman]

How is Jon Corzine able to loot customer accounts to the tune of hundreds of millions of dollars and get away with it?

He's a member of the Democratic party, so Obama has his back. This is the greatest time in history if you are a Wall Street crook. Just pump some money to Obama and he'll give you a license to steal.

but... but... why don't the Obamabots here jump up to defend him?  Obama and Holder think it's important; why don't they?

[RWE]

How hard is it to keep track of $1.6 billion of customer funds?

[wbcoleman]

We beat them, Jon, we beat them!

[clistensprechen]

 

...

This isn't the same democratic party of the 50s that helped the working man. Now the Democrats steal from the working peoples and gives to the rich.

The Democratic Party of the 50's didn't help the working man. The Democratic Party of the 1950's fought for segregation and slave wages because the Democratic Party of the 1950's were conservatives. The Republicans had some conservatives but it was the party of abolition and liberals.  The Democratic Party didn't start helping the working man until the lib-con party switchover after the LBJ administration.  Get your facts straight.

[RWE]

So, you're saying that Roosevelt didn't try to put people to work during the depression? Hmmm...Kennedy didn't support unions? Hmmm...